Real Estate Development Bookkeeping

Controller-Level Experience.
Built for How Developers Work.

St. Louis-based. Multi-entity structures. Lender reporting. Historic tax credits.

Small real estate developers in St. Louis face a bookkeeping problem that most generalist bookkeepers aren't equipped to solve. Multiple LLCs. Construction draws. Lender reporting. Historic tax credits. Cash flow spread across projects at different stages.

314 Bookkeeping was built for this. Before founding this firm, our founder managed full-cycle controller-level accounting for a commercial real estate development company with 10 project entities feeding up to a single holding company — from acquisition through stabilization and disposition.

Schedule a Free 30-Minute Call
Why Development Books Are Different

Your Books Have Complexity Most Bookkeepers Don't Know


Multi-Entity Structure

Most developers operate multiple LLCs — one per project, a management entity, a holding company. Each entity needs its own clean books, with intercompany transactions tracked and eliminated at the consolidated level.

Construction Draws and Lender Reporting

Your lender wants accurate, timely draw requests. Investors want to see where money is going by project. That means books that are current, coded to the right project, and ready to support reporting on demand.

Historic Tax Credit Documentation

If you're working with Missouri's Historic Tax Credit program, your qualified rehabilitation expenditures must be documented precisely. Sloppy books create HTC risk — clean books protect your credits.

Project-Level Cash Flow Visibility

You need to know which project is burning cash, which is generating it, and what's coming due in the next 60–90 days. That requires project-level tracking — not one blended ledger.

What We Handle

Full-Cycle Bookkeeping for Real Estate Clients


Full-cycle bookkeeping across multiple entities with holding company roll-up
Monthly close, reconciliation, and entity-level P&L and balance sheet
Construction draw tracking and lender-ready reporting packages
QRE cost tracking for state and federal Historic Tax Credit projects
Cash flow forecasting and project-level budget vs. actual variance reporting
Accounts payable management and vendor cost coding by project
Intercompany transaction tracking and management fee reconciliation
Year-end close and CPA-ready workpapers for tax preparation
QuickBooks Online setup, chart of accounts structuring, and cleanup

Every engagement is month-to-month. No long-term contracts.

Scale services up as projects ramp, and back down during quiet periods.
Experience Built for This Work

Not a Generalist. A Developer's Bookkeeper.


Before launching 314 Bookkeeping, our founder worked at the controller level inside a commercial real estate development company — managing the books for 10 active project entities rolling up to a single holding company. Full-cycle: from entity formation through acquisition, construction draws, stabilization, and eventual disposition.

That background means we understand draw schedules, cost codes, entity isolation, investor reporting, and what your CPA needs to file accurately at year-end. We've sat on your side of the table. We know what clean development books look like — and what they make possible.

10 project entities managed
under one holding company
Full-cycle acquisition through
stabilization and disposition
QBO native setup, structure,
and ongoing management
STL locally based, knows the
St. Louis market and HTC program
Flat-Rate Monthly Pricing

No Hourly Billing. No Surprises.


Scope is set at engagement start. Month-to-month — no long-term contracts.

Essentials $95–$200/mo
  • Monthly close & reconciliation
  • Transaction categorization & coding
  • Entity-level P&L and balance sheet
  • QuickBooks Online management
Professional $300–$600/mo
  • Everything in Essentials
  • A/P & A/R management
  • Class and location tracking
  • Budget vs. actual reporting
  • Quarterly review call
Add-Ons
Catch-Up / Cleanup $250+ / mo of backlog
Payroll Coordination $75+ / mo
Sales Tax Filing $50+ / filing
1099 Preparation $15 / contractor
Let's Talk

Start with a Conversation, Not a Commitment


We work with St. Louis developers on residential infill, multifamily rehab, mixed-use projects, and historic tax credit work. If your books aren't keeping pace with your deal flow — or if you're starting a new project and want the accounting set up correctly from day one — we'd like to talk.

Schedule a free 30-minute call. We'll ask about your entity structure, your current books, and what you actually need. No pitch. Just a conversation.